“The share capital increase is meant to fund the company’s development plans and the implementation of its nationwide expansion strategy,” say the company’s representatives.
According to them, Swiss Capital brokerage handled the private placement.
Impact Developer & Contractor has reached RON1 billion capitalization as its shares have posted a 104% increase since the start of the year amid deals worth RON53 million.
The company is 59.9% controlled by Gheorghe Iaciu, while Andrici Adrian owns a 15.9% stake.
(English version by Catalina Apostoiu)